M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
Rhea-AI Summary
M&T Bank Corporation (NYSE: MTB) has declared a $1.10 cash dividend per share on its common stock for the fourth quarter of 2020. This dividend will be paid on December 31, 2020, to shareholders of record as of the close of business on December 1, 2020. M&T Bank operates in multiple states, including New York, Maryland, and Pennsylvania, providing a range of banking services.
Positive
- Quarterly dividend of $1.10 per share reinforces shareholder income.
- Strong commitment to returning value to shareholders.
Negative
- None.
News Market Reaction – MTB
In the trading session that priced this news, MTB declined 2.46%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BUFFALO, N.Y., Nov. 17, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of
About M&T Bank
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
Investor Contact:
Donald J. MacLeod
(716) 842–5138
Media Contact:
C. Michael Zabel
(716) 842-5385
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SOURCE M&T Bank Corporation